Search
Legal Three-Family Triplex with Parking
For Sale
$849,999
Pending

272 -274 Parker St, Newark, NJ 07104

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.11 Acres
Days on Market65

Property Features for 272 -274 Parker St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 2, Basement, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking 9
Interior features Carbon Monoxide Detector
Exterior features Pergola
Subdivision North Newark
Lot features Level Lot
Directions From Bloomfield Ave, turn onto Parker St. Property is located in the Forest Hill section of Newark, between Highland Ave and Summer Ave.
Standard status Pending
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13172

Utilities

Sewer type Public Sewer
Water source Public

Amenities

finished basement

Building Details

Year built 1887
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Additional Structures Pergola
Listing Agency: RE/MAX LIFETIME REALTORS · RE/MAX International
Listed By: EMANUELA MOREIRA
Added: Jun 8 Changed: Aug 2 Last Checked: Aug 11 at 10:06AM
MLS# 4033007

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal three-family triplex at 272-274 Parker St offers three separate units with two bedrooms and one bathroom each, along with a living room and kitchen. The property includes a finished basement that can provide additional flexible space. Parking is a notable feature, with room for up to nine vehicles. The exterior includes a pergola, and interior features include a carbon monoxide detector. The roof is shingled, and the home was built in 1887.

The property sits on an oversized 50x100 lot and has access to public water and public sewer. It is described as being convenient to a nearby park, as well as close to highways, public transportation, shopping, and dining in Newark City, NJ.

With multiple independent units and on-site parking capacity, the layout can suit both owner-occupants and investors looking for rental income in a neighborhood setting.

Key Highlights

  • Legal 3‑family triplex on Parker St
  • Parking for up to 9 vehicles
  • Oversized 50x100 lot

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,780
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Legal 3-family triplex with finished basement and public water and sewer service.
Where is this triplex located?
The property is located at 272 -274 Parker St Newark, NJ.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Legal 3‑family triplex on Parker St; Parking for up to 9 vehicles; Oversized 50x100 lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message